E.ON launches reward scheme to boost UK renewables

E.ON launches reward scheme to boost UK renewables
Published: 1 August 2019 - 9:41 a.m.
By: Baset Asaba

E.ON has launched a Solar Reward scheme designed to provide 5.24p per every kilowatt-hour (kWh) of energy exported back to the grid.

The scheme aims to bridge the gap between the closure of the FiT scheme at the end of March and the future launch of the Government’s new supplier-led Smart-Export Guarantee.

E.ON is helping to support the UK’s target to produce 30% of its energy from renewable sources by 2020. Available to the first 500 new solar customers to have panels installed, this one-of-a-kind incentive supports a cleaner, greener Britain and rewards new customers for doing their part to help society.

Michael Lewis, chief executive of E.ON UK, said: “Through Solar Reward we want to continue encouraging and giving confidence to homeowners across Britain looking to invest in solar energy. We know how important solar is for our future which is why we’re leading the industry in rewarding our customers for doing their part to help.

“By taking power into their own homes, and hands, and generating their own clean energy which rewards them for exporting back to the grid, this not only gives our customers greater control over reducing their electricity consumption but also helps us create a better tomorrow by providing more clean and green energy solutions.”

E.ON already offers solar and storage solutions so customers can create and store their own clean energy, save money on energy bills year throughout the year and be more independent from the grid.

Solar customers who opt for battery systems use 30% more of the electricity they generate than with solar panels alone. The battery stores spare electricity they’ve generated during the day and, rather than exporting it straight to the grid, allows them to use it that night.

The new Solar Reward comes shortly before the end of the government’s Feed-in Tariff subsidy scheme closes to new applicants. As the only solar installations provider to offer new customers an opportunity to be rewarded for solar exports, E.ON continues to lead the way in creating a better tomorrow.

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